Suncor Energy Inc T.SU

That's Right Up There With QE Propoganda From Bank of Canada

[RagingBull3]

With them basically saying they are buying Bonds in the open market to "support Liquidity" and market function.....

My interpretation...... Bank of Canada helping the 1% unload their bonds because nobody in their right minds would buy bonds yielding near Zero %.      


All just my opinion/view/thinking.

[Experienced]

Actually that is not true. If you believe interest rates are going to go down then the price of the bonds go up and you will make money if bought the bonds and interest rates fall. That said, in the current environment, the balance of probabilities is that interest rates will go up which means that bonds are not a good investment right now.

[RagingBull3]

Problem is.... Near Zero, or even NEGATIVE rates is just rediculous.   Rates manipulated far beyond what a "Reasonable RISK/REWARD" profile the "Real" market would normally accept. You have a player that prints money buying in the open market.   That totally distorts the "Risk/Reward" profile.... When you can print money from thin air, what's

[Experienced]

My earlier post was in reference to your statement earlier. In this post you identify other points.  In this case I agree with your underlying sentiments.  There is a general rule in economics that when something is free it distorts the market and the fundamental market mechanism break down.  Zero interest rates, in effect make money free and distorts the market and causes

[RagingBull3]

Experienced, so you are saying that you would buy bonds yielding near ZERO just because Bank of Canada may push the price even further up?????  Sorry, but I stand by my comment.    You got to be out of your mind to have bought bonds yielding near Zero in hopes of price increases further.     You are relying on exactly what you have been complaining about